Financial Release

MAYFIELD VILLAGE, OHIO - February 1, 2016 - The Progressive Corporation today announced that on January 29, 2016, the Board of Directors fixed the close of business on March 16, 2016, as the record date for the determination of shareholders entitled to notice of, and to vote at, the Annual Meeting of Shareholders scheduled to be held on May 13, 2016.

About ProgressiveThe Progressive Group of Insurance Companies makes it easy to understand, buy and use auto insurance. Progressive offers choices so consumers can reach it whenever, wherever and however it`s most convenient-online at http://www.progressive.com, by phone at 1-800-PROGRESSIVE, on a mobile device or in-person with a local agent.

We offer insurance by phone, online and through independent agents. Prices vary based on how you buy. Quotes for policies sold through agents and brokers are available, and can also be retrieved, through ProgressiveAgent.com or via the Quote with a Local Agent button. Mobile quotes are for policies purchased directly from Progressive. Not available in all states and situations.

Progressive Home Advantage® policies are placed through Progressive Specialty Insurance Agency, Inc. with select insurers that it represents. These insurers are not affiliated with Progressive, are solely responsible for claims and pay PSIA commission for policies sold. Prices, coverages, privacy policies and PSIA's commission vary among these insurers. A quote from one of the insurers can be provided through this site. Click here for a quote from other insurers or more information about PSIA's commission.